-
FED CHAIR POWELL SAYS RATE HIKES MAY SPEED UP
Jerome Powell, chairman of the Federal Reserve, will imply that the central bank could raise the rate of interest rate hikes if statistics indicate continued price pressures, according to a statement released Tuesday ahead of his hearing before Congress. “If the facts show that a faster rate of tightening is appropriate, we are prepared to…
-
Egypt Unearths Roman-Era Statue Resembling the Sphinx
On Monday, archaeologists in southern Egypt unearthed a statue with a smile and the ruins of a shrine on the site of an old temple, according to official reports. According to a statement from Egypt’s tourism and antiquities minister, the riches were discovered during an excavation trip in Qena, a province 450 kilometers south of…
-
A Nazi-Loyal Naval Reservist Was Convicted of Storming the Capitol
On Tuesday, a Virginia Navy reservist who glorified Nazis was convicted of participating in a violent riot on January 6. Being a reserve officer of the first class in the United States Navy, Hatchet M. Speed had a top-level security clearance and had been assigned intelligence assignments. Speed entered the Capitol on January 6 after…
-
Former NBC Analyst Mark Halperin Leaves Bipartisan Politics Group
According to Politico, political pundit Mark Halperin, who was fired from NBC in 2017 after multiple women accused him of sexual misconduct, has resigned from his senior communications position with the nonpartisan political organization No Labels. According to the publication, Halperin was apparently also terminated from his position with the group, while others claimed Halperin…
-
Biden Proposes to Save Medicare Solvent Until 2050
To support the program through 2050, President Joe Biden proposes increasing the Medicare tax on high-income Individuals and pursuing new medication price talks. The idea would increase the tax rate from 3.8% to 5% for anyone earning over $400,000 annually. The plan is an attempt to gain Republican support for a budget bill for 2024.…
-
Hope Hicks Meets Manhattan Prosecutors, Says NYT
Hope Hicks was a senior adviser to Donald Trump and spokeswoman for his 2016 campaign. The New York Times reported on Monday that she was seen walking into the Manhattan district attorney’s office. If she shows up, it could mean that the investigation into whether Trump paid hush money to a porn star while he…
-
Texas Tech Coach Gives Weak Justification for Master-Slave Remark
Mark Adams, the head basketball coach at Texas Tech, had refused to apologize and believes he was “citing scripture” when he made the comment that led to his extended suspension last week. Adams stated that he was having a private discussion with one of his players about accepting direction and linked it to a biblical…
-
Derailment Costs Norfolk Southern Millions Governor
Governor Josh Shapiro announced on Monday that Norfolk Southern had contributed several million dollars to pay the cost of reaction and recovery in Pennsylvania following the disaster of a train carrying dangerous chemicals in Ohio last month. According to Shapiro’s office, he met with Norfolk Southern CEO Alan Shaw on Thursday and obtained a preliminary…
-
Former CNN Anchor Calls Fox News ‘Clowns’ for Putting ‘Ratings Above Truth’
Monday, former CNN anchor Brooke Baldwin lashed out at Fox News, labeling the network’s management and stars “clowns” for promoting “propagandist economics over the truth.” Baldwin stated in an Instagram video regarding a previously reported Fox News Zoom call following the 2020 presidential election that it was “crazy” that Fox News CEO Suzanne Scott bemoaned…
-
Biden Press Secretary Cracks Marianne Williamson ‘Crystal Ball’ Joke
The press secretary for President Joe Biden, Karine Jean-Pierre, is not psychic, but she feels convinced Marianne Williamson’s presidential bid will fail. Pierre, unable to contain a chuckle, stated at a press conference on Monday, “I’m just not tracking that.” “If I had a small… crystal ball, I would be able to tell you. A…